Clayton leaves GE hanging but the company moves forward with Deloitte

Did the SEC give Deloitte a pass on independence and did regulators ever inspect KPMG's audit of GE?

Securities and Exchange Commission Chairman Jay Clayton said on Nov. 16 that he would leave the agency at the end of 2020, following a tradition that SEC chairs step down when a new president is elected. 

Clayton was already a “lame-duck” chairman before Joe Biden was elected on Nov. 7. He had publicly put his name in the hat for the controversial U.S. …